"In moments of crisis," the legendary developer Big Bill Zeckendorf was fond of saying, "oneâs world tends to become simplified." Even those with big dreams
"In moments of crisis," the legendary developer Big Bill Zeckendorf was fond of saying, "oneâs world tends to become simplified." Even those with big dreams...

Cushman, which leased 12 million square feet, clocked in at No. 2. It was followed by Chicago-based JLL (with about 6.4 million square feet), Newmark Knight Frank (fresh off its IPO with roughly 4.6 million square feet), tenant rep firm Savills Studley (with 3.7 million square feet) and Colliers International (with 2.5 million square feet)...

(Credit: JLL)
According to this weekâs market reports, 5.2 million square feet of office space are scheduled for completion in the last remaining months of (Credit: JLL)
According to this weekâs market reports, 5.2 million square feet of office space are scheduled for completion in the last remaining months of...

With the extension, Spotify now occupies three additional floors of the 72-story tower. Landlord Silverstein Properties represented itself with an in-house team, along with co-representation from CBRE. JLL represented the tenant...

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When Brooklynâs most heralded startup, the online marketplace Etsy, inked a 200,000-square-foot lease at Dumbo Heights in July 2014, many saw it (Click to enlarge)
When Brooklynâs most heralded startup, the online marketplace Etsy, inked a 200,000-square-foot lease at Dumbo Heights in July 2014, many saw it...

Cushman â' which also did not participate, arguing that the list âcontains limited information and therefore does not fully showcase the depthâ of the firmâs deals â'clocked in at No. 2 with 10.1 million square feet. Newmark Grubb Knight Frank ranked third with 8.7 million square feet. JLL took the No...

TRDâs ranking of the top 40 investment sales firms in NYC â' which included closed investment sales of $1 million and up, ground leases and leasehold interests â' found that those four firms racked up a combined $16.5 billion. CBRE had $6.7 billion in closed deals, Cushman had $4.6 billion, JLL had $3.2 billion, and Rosewood Realty Group came in with $2 billion, according to TRDâs ranking, which looked at citywide numbers and borough breakdowns, and was culled from Real Capital Analytics, CoStar Group and many of the firms...

Credit: MNS
According to this week's market reports, FiDi saw the city's greatest rent increase in 2016, Dumbo and South BrooklynÂ led the borough in office Credit: MNS
According to this week's market reports, FiDi saw the city's greatest rent increase in 2016, Dumbo and South BrooklynÂ led the borough in office...

The state agency, which manages New Yorkâs subway and bus system, will pay the bonds with income from renting out land at Hudson Yards to developers. Goldman Sachs underwrote the bonds, which hit the market in September. They mature in 2046, 2051 and 2056 and Goldman initially priced them at interest rates between 1.88 and 2.63 percent. According to a JLL assessment cited in bond documents, the total value of the Western Rail Yards land backing the issuance is between $3.2 billion and $3.7 billion...

Blackstone Group and SL Green, which also joined forces on a $376 million loan for the aforementioned Watchtower deal, provided a $240 million acquisition loan. The 336,000-square-foot building is RPWâs second Manhattan office property after 240 West 35th Street, which the firm is looking to sell. A JLL team led by Richard Baxter and Yoron Cohen brokered the deal...

Silverstein'sÂ Jeremy Moss represented the landlord in-house along with a CBRE team led by Mary Ann Tighe and Steven Siegel. Martin Horner, Shannon Rzeznikiewicz and Robert Romano of JLL represented the insurer...

Following the last recovery, firms such as JLL, Savills Studley and Eastern Consolidated launched new retail divisions, while other established companies like Kassin Sabbagh aggressively ramped up the number of its agents...

Financial firms âstill represent so much of the marketplace, and their leases will expire,â said Peter Riguardi, president of JLLâs New York office, who represents HSBC and BlackRock, among other firms...

As the financial crisis kicked into full gear in 2008, banks started pulling the plug on most commercial lending. The full impact of that move wasn't felt until 2009, according to JLL broker Stephen Shapiro...

Brokers say the lack of big tenants can be attributed to belt-tightening, more efficient (and therefore smaller) office spaces as well as many tenants getting leases locked in over the past few years for fear of missing an affordable rental window. They also predicted demand would soften in the face of a cooling global economy (see related story on page 36) and because of the bumper crop of Manhattan office supply coming on line. âTechnology allows them to shrink staff,â said Scott Panzer, a vice chairman at the brokerage JLL, who represents tenants and landlords...

On the tenant representation side, CBREÂ led all firms with five clients leasing a total of more than 511,000 square feet. For landlord representations, JLL took top billing with two deals totaling just over 160,00 square feet...

The company was miles ahead of its rivals. The other firms in the top five were: CBRE with $8.8 billion, Cushman & Wakefield with $3.4 billion, Rosewood Realty Group with $3.2 billion and JLL and HFF tied with $2.9 billion...